Rates as of 05:00 GMT Market Recap There’s a saying, “He who lives by the crystal ball has to learn to eat glass.” I had a…
Rates as of 05:00 GMT Market Recap Another riveting day in the thrilling FX market. Given the volatility we’ve seen, one might be lulled into thinking…
Today the US Bureau of Labor Statistics (BLS) releases the producer price index (PPI). With the market’s attention focused firmly on the outlook for inflation, this…
Rates as of 05:00 GMT Market Recap A generally “risk-on” day in financial markets as global stock markets moved further into record territory while bond markets…
It shouldn’t have surprised me, but it did. In fact it amazed me. Thursday’s US consumer price index was expected to be up 4.7% yoy –…
Exciting week in store! The Bank of Canada meets on Wednesday and the European Central Bank (ECB) on Thursday. Also on Thursday, we get the US…
There were three notable points in the market over the last week that bear discussion, so this week I’m going to address several issues. 1) The…
My weekly last week was entitled “The Market Disagrees with the Fed on Inflation.” I could’ve used the same headline this week. In fact, I think…
Rates as of 05:00 GMT Market Recap While fear of inflation has been driving markets recently, things went into reverse yesterday despite yet another surprisingly strong…
Rates as of 05:00 GMT Market Recap A bad, bad day for risk assets. European stocks closed somewhat higher on optimism about economic reopenings and the…
